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2011 (3) TMI 14 - GAUHATI HIGH COURTDemand of interest on delayed payment of additional duty of excise - delay in payment - assessee contends that the interest on delayed payment charged at the rate of Rs. 1000/- per day is impermissible, in view of the notification dated 12th May, 2000 issued under Section 11AA of the Central Excise Act, 1944 - The said demand is inconsistent with the provisions of Section 11AA and also the notification dated 12th May, 2000 - amount of interest payable was ordered to be re-determined by the competent Authority so that the same conform to the maximum rate of interest, specified by the Departmental Notification No.39/2000 dated 12th May, 2000 and the provisions of Section 11AA of the Central Excise Act, 1944 – Petition disposed off
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